$499,000
52 High Street
Beds
—
Baths
—
Sqft
—
Year
1919
About this home
Investment opportunity awaits! Centrally located in the heart of the downtown area. Main floor consist two separate retail spaces, offices, large area recently operated as a pub. Many possibilities with rental opportunity. Three main floor units presently occupied. Second floor consist of 4 large one-bedroom, self contained apartments. Modern design with open concept living, dining and kitchen areas. Large windows allows for natural lighting. Long term tenants. Stainless steel appliances, washer and dryer. Heated by electric baseboard. Minutes away from recreation and shopping. (id:65958)
- Subtype
- Retail
- MLS#
- 1293553
- Area
- GRAND_FALLS-WINDSOR
Cash on cash
-12.10%
Cap rate
3.47%
GRM
16.6
Break-even rent
$3,559
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.